New 55% Off on All Courses - Enroll Now! Click Here

    Question

    A conciliator

    :
    A shall formulate the terms of a possible settlement. Correct Answer Incorrect Answer
    B shall draft agreement between parties. Correct Answer Incorrect Answer
    C may initiate arbitral or judicial proceedings Correct Answer Incorrect Answer
    D may act as a witness in other proceedings. Correct Answer Incorrect Answer
    E may be summoned as a witness in judicial proceedings. Correct Answer Incorrect Answer

    Solution

    S. 73.Settlement agreement .—(1) When it appears to the conciliator that there exist elements of a settlement which may be acceptable to the parties, he shall formulate the terms of a possible settlement and submit them to the parties for their observations. After receiving the observations of the parties, the conciliator may reformulate the terms of a possible settlement in the light of such observations. S. 80.Role of conciliator in other proceedings .—Unless otherwise agreed by the parties,— (a) the conciliator shall not act as an arbitrator or as a representative or counsel of a party in any arbitral or judicial proceeding in respect of a dispute that is the subject of the conciliation proceedings; (b) the conciliator shall not be presented by the parties as a witness in any arbitral or judicial proceedings.  

    Practice Next

    Relevant for Exams: